178 MCCLELLAN ROAD, Ottawa, Ontario, K2H5W1

Property Description

Turnkey TWO living units | INCOME + LIFESTYLE OPPORTUNITY over 5% Cap Rate! An exceptional opportunity to own a fully renovated semi-detached duplex offering immediate cash flow and long-term stability. Currently tenanted on a month-to-month basis, this property provides flexibility for both investors and end-users. The existing tenants are happy in the home and open to signing long-term leases, ensuring reliable, consistent income. Perfect for a savvy buyer, you also have the option to live in the upper unit and rent out the lower level, significantly offsetting your mortgage-or utilize the lower suite as a nanny or in-law space.The upper unit features 3 spacious bedrooms and 3 bathrooms, including a private ensuite, while the lower unit offers a bright and functional 1-bedroom suite with its own ensuite and separate entrance. Both units have been beautifully updated with brand new kitchens, quartz countertops, new appliances, and modern, high-quality finishes throughout.Enjoy hardwood flooring in the main unit, vinyl laminate in the lower level, and porcelain tile accents that add a clean, contemporary touch.Major upgrades include legal egress windows (2021), electrical panel (2021), central A/C (2021), roof (2012), and an in-line hot water tank. With over $200,000 invested in renovations (2021), this property is truly move-in ready. A rare opportunity to secure a versatile, income-producing property with strong upside-don't miss it. 24 hours' notice required for all showings. (id:64974)

Quick Facts

• Property Type: House (Freehold)
• Bedrooms: 4 (3 above, 1 below)
• Bathrooms: 4 (1 half)
• Ownership: Freehold
• Attached: Yes
• Fireplaces: Yes
• Parking: 2.0 spaces (No Garage)
• Frontage: 28 ft (8.7 m)

Costs

• Annual Taxes: $3,800.00

Listing Provided by: SUTTON GROUP - OTTAWA REALTY
Board: Ottawa Real Estate Board
Data provided via CREA DDF®.